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MercoPress, en Español

Montevideo, January 13th 2025 - 17:03 UTC

Stories for 2023

  • Friday, April 28th 2023 - 11:43 UTC

    Venezuelan migrant crisis sparks diplomatic clash between Chile and Peru

    Otárola urged Boric to “solve their problems and not to throw them to another country”

    Peru's Foreign Ministry Thursday Chilean ambassador Óscar Fuentes as thousands of Venezuelan migrants are trying to cross into the country from the southern border to “protest for the lack of collaboration shown by the Chilean police authorities, which has generated the events that occurred today” when a group tried to force their way into the country and circumvent the police checkpoints.

  • Friday, April 28th 2023 - 11:15 UTC

    “Blue” dollar keeps backtracking in Argentina

    Massa secured a US$ 690 million loan with the Development Bank of Latin America (CAF) during a meeting in Uruguay. Photo: Gastón Britos / FocoUY

    The “blue” (a euphemism for “black market”) dollar dropped to AR$ 467 Thursday after further announcements and measures from Argentine authorities, after reaching an intraday record of AR$ 497 on Tuesday. It is still an AR$ 72 peso (18.2%) increase for the month of April.

  • Friday, April 28th 2023 - 10:59 UTC

    Argentina: CFK announces no candidacies

    “Inflation does not stop with dollarization,” CFK stressed

    Argentine Vice President Cristina Fernández de Kirchner (CFK) made no announcement regarding the upcoming presidential elections during her appearance Thursday at a La Plata theater for the ceremony marking the opening of the Néstor Kirchner Institute. Following last week's declaration by President Alberto Fernández that he would not seek reelection, all eyes are focused on her next move.

  • Friday, April 28th 2023 - 10:59 UTC

    Uruguayan Senate gives nod to pension reform bill

    The measure was urgent “because of life expectancy,” Lacalle argued

    Uruguay's Senate Thursday approved at around 9 pm the pension reform bill which is now up to President Luis Lacalle Pou to be signed into law.

  • Friday, April 28th 2023 - 10:50 UTC

    Brazil's Security Cabinet sacks military personnel involved in Jan. 8 riots

    Cappelli said he was following President Lula's instructions

    Brazilian authorities have sacked 28 military personnel and one civilian for their conduct during the Jan. 8 uprising in Brasilia, Acting Institutional Security Cabinet (GSI) Minister Ricardo Cappelli announced Thursday in a statement.

  • Friday, April 28th 2023 - 10:47 UTC

    Presidents of Brazil, Argentina discuss Unasur

    Both leaders reviewed the evolution of bilateral trade and progress in the implementation of cooperation agreements signed in recent months

    Presidents Luiz Inácio Lula da Silva of Brazil and Alberto Fernández of Argentina held a virtual conference Thursday during which they discussed the return of their countries to the South American Union of Nations (Unasur) and other bilateral issues.

  • Thursday, April 27th 2023 - 10:55 UTC

    Spanish PM promises Lula he will push for EU-Mercosur deal closure

    Spain “maintains a firm commitment to advance in the ratification of this important trade agreement,” Sánchez told Lula

    Brazilian President Luiz Inácio Lula da Silva Wednesday insisted in Madrid on his unorthodox view regarding the war in Ukraine but the approval of the Mercosur-European Union (EU) deal signed in 2019 that still needs to be ratified looked closer following Prime Minister Pedro Sánchez's comments.

  • Thursday, April 27th 2023 - 10:44 UTC

    Bolsonaro insists he was not behind Jan. 8 riots

    Bolsonaro had said that Lula had not been elected by the people but by the courts of justice

    Former Brazilian President Jair Bolsonaro denied being behind the Jan. 8 riots in Brasilia whereby some of his followers were trying to lure the Armed Forces into staging a coup d'état against President Luiz Inácio Lula da Silva.

  • Thursday, April 27th 2023 - 10:32 UTC

    Argentina: US dollar recoils after Minister Massa's measures

    Massa managed to calm down the market frenzy

    After the “blue” (a euphemism for “black market”) dollar reached nearly AR$ 500 on Tuesday, Superminister Sergio Massa's measures “in order to avoid speculative maneuvers” resulted in a drop to AR$ 474, it was reported in Buenos Aires.

  • Thursday, April 27th 2023 - 10:27 UTC

    How well did Uruguay do with S&P's latest ratings?

    Arbeleche said there were four basic reasons for the new grading

    The credit rating agency Standard & Poor's Wednesday upgraded Uruguay BBB+, with a stable outlook, the highest level in the country's history, it was announced. This index reflects the level of risk involved in lending money to governments according to their economic conditions.